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Midtown Office Market

Vacancy Rate vs. Asking Rents

Midtown Office Market Vacancy Rate vs. Asking Rents

$100.00

14.0%

12.6%

12.0%

11.1%

$90.00

$82.22

10.0%

Average Asking Rents $/sf

$80.00

8.0%

$70.00

6.0%

$63.51

Vacancy

$60.00

4.0%

$50.00

2.0%

$40.00

0.0%

Vacancy

Class A Asking Rent

Class B Asking Rent

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